The Fourth Industrial Revolution (4IR) almost never fails to incite contrasting predictions about the future. Critics see deepening inequality and unemployment in an era of unprecedented global wealth, as robots look poised to replace workers on the factory floor.

Proponents, meanwhile, see untold possibilities of human wellbeing in a future where prosperity is decoupled from labour and drudgery, allowing ordinary citizens to have more time to spend with their families and in creative pursuits.

This much is clear: as robots and artificial intelligence transform global production, skilled workers with college degrees will emerge the winners. Inevitably, the benefits will be distributed unevenly, and it is primarily women – from high-school dropouts to college graduates – who find the odds heavily stacked against them.

The vast majority of the world’s working women might fare even worse, restricted to insecure and informal employment. Globally, only half of working-age women are in the labour force, and those that work earn a quarter less than male counterparts in the same jobs.

Asia has seen school enrolment rates for girls rise in the past two decades, but high dropout rates driven by social norms, early marriage and household work have thwarted the economic and social outcomes for women that might reasonably result. Transition rates from education to employment are consistently lower for women, contributing to high levels of joblessness.

And most troubling of all: women comprise a majority of the 175 million young people globally who are still illiterate.

The entrenched inequalities and discriminatory social norms that keep women restricted to low-paid, poor-quality jobs will likely be magnified by the impacts of the 4IR.

These inequalities, however, are not inevitable.

School pupils dressed up as Radha, consort of Krishna, in Ahmedabad, India.

Image: Reuters/Amit Dave

The 4IR presents us with a unique opportunity to change this, as governments recalibrate policies to future-proof their economies.

In fact, with the right mix of investments in young women and men, the Asia-Pacific region could likely ride another wave of high economic growth as its working age population peaks in the next two decades. That “wave” will only fulfil half its potential if women continue to be marginalised in economic, political and social spheres.

The UN Sustainable Development Goals, adopted by world leaders in 2015, offer routes to development that go beyond the metrics of income to address the social and environmental determinants of poverty and exclusion.

Across the Asia-Pacific region, the United Nations Development Programme (UNDP) is scaling up its first generation of solutions that leverage technology, innovation and the opportunities opening up through 4IR to address stubborn development challenges.

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In Bangladesh, the UNDP has supported the government’s efforts to kickstart youth entrepreneurship in the “digital economy” through more than 5,000 digital centres that provide paid public services to remote communities. Each centre, equipped with a computer and high-speed internet, is run by a rural female entrepreneur in partnership with a male counterpart – going beyond equal opportunities to ensure equal leadership. So far the platform has delivered 237 million services such as birth registration, life insurance policies and telemedicine services.

But there is a risk that we are tinkering around the edges if we don’t concurrently tackle the structural roots of gender discrimination.

In the past decade, the Asia-Pacific region has seen remarkable improvements in closing gender gaps in education and health indicators, and yet this has not translated to corresponding gains in economic empowerment and political participation for women.

Parity in education and health … but not employment: Tokyo, Japan.

Image: Reuters/Toru Hanai

Japan has achieved gender parity in enrolment for primary and secondary education, and in health-related indicators. However, Japan’s well-educated and healthy women do not participate in the labour force or political decision-making to a corresponding degree.

Old stereotypes die hard. In much of the world, it is social norms governing gender roles that threaten any real gains made through numerical parity in education or pay.

The past three industrial revolutions contributed to cementing gender stereotypes that place both men and women in restrictive roles. Without fully unleashing the power and potential of all of humanity, the benefits of the fourth industrial revolution will remain in jeopardy.